ISLAMABAD: The Pakistan Stock Exchange (PSX) witnessed a sharp downturn on the first trading day of the business week, with the benchmark KSE-100 Index recording a significant drop.
During the initial trading session, the KSE-100 Index fell by 2,264 points, declining to 177,339 points. The bearish trend continued, and at one point the index was down by 1,742 points, reaching 177,861 points.
Market volatility persisted throughout the session. At another stage, the index was observed trading at 178,933 points, reflecting a decline of 670 points.
According to market analysts, the downturn was driven by selling pressure, cautious investor sentiment, and prevailing economic uncertainty.
Investors are closely monitoring the situation, while the direction of the market in upcoming sessions is expected to depend on economic and political developments.
The sharp fall underscores ongoing concerns about macroeconomic stability and investor confidence in the country’s financial markets.
